Consumer confidence is cratering, inflation expectations are rising and new tariffs imposed by the president have rocked global markets.
Economists have expressed fears that the American economy may be on a path toward recession or a downturn that could rival those of 2020 and 2008. These concerns have been heightened by falling retail sales and associated layoffs,
fell more than 9 points in February to 72.9. Readings below 80 are considered a warning sign for possible recession. The Conference Board is a non-partisan think tank that conducts regular surveys ...
Consumer confidence took a significant hit in February, with The Conference Board Consumer Confidence Index dropping by 7.0 points to 98.3, marking the lar
Sfeir at Chapman says imported lumber will affect housing costs. “New homes will go up in price.” He sees Orange County home prices going up 3% in 2025. He also expect mortgage rates will not go below 6%. On the other hand, Green sees Southern California home prices remaining level.
With inflation expectations rising and financial uncertainty growing, food decisions are shifting in real-time.
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GOBankingRates on MSNCEOs Are Worried About a Trade War and Recession in 2025 — Should You Be?The new year typically offers a chance to start fresh and reboot priorities -- but not for everyone. A new survey of 1,700 participants, including CEOs, boards of directors, and other
Trump appears to be laser focused on implementing more tariffs even if it will cause pain to the economy. He's set to impose 25% tariffs on Mexico and Canada this week after a 30-day pause. He also plans to hit China with another 10% tariffs on top of the 10% he put in place several weeks ago.
Consumer confidence took its biggest dive in more than three years, adding to growing concerns over inflation, job security, and the broader economy — as Americans grapple with high prices and uncertain financial conditions.
U.S. consumer confidence plummeted in February, the biggest monthly decline in more than four years, a business research group said Tuesday.
Confidence among U.S. consumers registered the largest monthly decline in more than three years in February, as fears of recession reappeared amid concerns over the inflationary impact of President Tr
The perceived likelihood of a U.S. recession in the next 12 months also increased, according to the Consumer Confidence Survey.
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